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Florida Hurricane Catastrophe Fund plans $2 billion revenue bond sale
By Sheri Kasprzak
New York, April 9 - The Florida Hurricane Catastrophe Fund Finance Corp. is set to price $2 billion of series 2013A revenue bonds during the week of April 8, said a sales calendar.
The bonds (Aa3/AA-/AA) will be sold through Barclays.
Proceeds will be used to increase the corporation's cash on hand ahead of the 2013 hurricane season.
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